California Software allots 193600 equity shares on preferential basis

California Software Company Ltd has announced that the allotment Committee of the Board of Directors of the Company on August 17, 2007, has allotted:

1. 1,93,600 equity shares on preferential basis to the 5 individuals (non-promoter category) at a price of Rs 100/- per share (including premium of Rs 90/- per share) as approved in item 4 of the EGM held on July 14, 2007.

a. Dr. Mahesh Kantanhalli Rao - 91,930 no of equity shares.

b. Mrs. Vijaya Rao - 61,290 no of equity shares

c. Mr. Ramandeep Singh - 9,150 no of equity shares

4. Mr. Sumesh Kaul - 21,550 no of equity shares

5. Mr. Callembelle N Rajendra Simha - 9,680 no of equity shares

2. 22,00,000 equity shares on preferential basis to Kemoil Ltd (Promoter Group Entity) at a price of Rs 100/- per share (including premium of Rs 90/- per share) as approved at the EGM held on July 14, 2007.

Source : Equity Bulls

Keywords